EU Ready to Pounce if Nokia (NOK) Abuses Patent Portfolio
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JPMorgan Reinstates Nokia (NOK) at Overweight; Large Patent Trove is Potential Gold Mine
December 6, 2013 12:29 PM ESTJPMorgan reinstates Nokia Corp (NYSE: NOK) at Overweight and price target of 8 ($10.80).
Analyst Sandeep Deshpande noted the substantial potential Nokia has to monetize its patent portfolio. He thinks that if Nokia were able to take in 1 percent royalty per device, the firm's price target would easily move to 15.
Deshpande commented, Nokia has a broad patent portfolio (ex NSN) of ~10k patent families comprising ~30k patents.... More
